About ALX Resources Corp.
ALX Resources Corp.’s mandate is to provide shareholders with multiple opportunities for discovery by exploring a portfolio of prospective mineral properties, which include uranium, lithium, nickel-copper-cobalt and gold. The Company executes well-designed exploration programs using the latest technologies and holds over 220,000 hectares of prospective lands in Saskatchewan, a stable Canadian jurisdiction, which demonstrates strong potential for economic base metals deposits, and hosts a producing gold mine and the richest uranium deposits in the world. ALX has also acquired and maintains lithium properties in Quebec and Nova Scotia, Canada, and nickel, copper and gold projects in Ontario, Canada, two of the most prolific mining districts in the world.
ALX’s uranium holdings in northern Saskatchewan include 100% interests in the Gibbons Creek Uranium Project, the Sabre Uranium Project and the Javelin and McKenzie Lake Uranium Projects, a 40% interest in the Black Lake Uranium Project (a joint venture with Uranium Energy Corporation and Orano Canada Inc.), and a 20% interest in the Hook-Carter Uranium Project, located within the uranium-rich Patterson Lake Corridor, with Denison Mines Corp. (80% interest) as operator of exploration since 2016.
ALX owns 100% interests in lithium exploration properties staked in 2022 known as the Hydra Lithium Project, located in the James Bay region of northern Quebec, Canada, and a 100% interest in the Anchor Lithium Project, located in Nova Scotia.
ALX owns 100% interests in the Firebird Nickel Project (now under option to Rio Tinto Exploration Canada Inc., who can earn up to an 80% interest), the Flying Vee Nickel/Gold and Sceptre Gold projects, and can earn up to an 80% interest in the Alligator Lake Gold Project, all located in northern Saskatchewan, Canada. ALX owns, or can earn, up to 100% interests in the Electra Nickel Project and the Cannon Copper Project located in historic mining districts of Ontario, Canada, the Vixen Gold Project (now under option to First Mining Gold Corp., who can earn up to a 100% interest in two stages), and in the Draco VMS Project in Norway.
ALX is based in Vancouver, BC, Canada and its common shares are listed on the TSX Venture Exchange under the symbol “AL”, on the Frankfurt Stock Exchange under the symbol “6LLN” and in the United States OTC market under the symbol “ALXEF”.
Management’s objectives for the company are:
- Maintain one of the strongest portfolios of mineral exploration properties in Canada;
- Spend capital and exploration dollars wisely and aggressively to make new discoveries of uranium, lithium, and other battery metals;
- Maximize shareholder value and work with committed, long-term partners and investors;
- The Company’s primary goal is to explore its mineral properties to their fullest potential and advance them by way of equity financing, joint ventures, or earn-in option agreements.
To learn more about ALX, please contact:
Roger Leschuk, CIM, FCSI
Manager, Corporate Communications
Tel: 604.629.0293
Tollfree: 1.866.629.8368
To learn more about the activity in the Athabasca Basin area and to view the digital map, go to https://digigeodata.com/area/athabasca-basin/-basin/